Udapussellawa Plantations PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 707.26 million compared to LKR 872.53 million a year ago. Net income was LKR 185.47 million compared to LKR 339.33 million a year ago. Basic earnings per share from continuing operations was LKR 9.56 compared to LKR 17.49 a year ago.
For the nine months, sales was LKR 2,407.09 million compared to LKR 2,805.39 million a year ago. Net income was LKR 526.87 million compared to LKR 989.45 million a year ago. Basic earnings per share from continuing operations was LKR 27.16 compared to LKR 51.01 a year ago.